53 Elm St Canton, IL 61520

Property Details for 53 Elm St

Property type

Commercial real estate

APN

09-08-27-412-016

APU

90827412016

Description

This exceptional 6,472 square foot commercial property, located at 53 W Elm Street in Canton, Illinois, presents a unique investment opportunity. Situated in the heart of downtown, directly across from the post office, this building enjoys unparalleled convenience and high visibility. Its prime location within both the BDD and TIF districts unlocks significant potential for redevelopment and future growth, making it an attractive prospect for a variety of commercial uses. The property boasts a wealth of functional features including a working elevator, original secure vaults, a convenient loading dock, seven air conditioning units, and six furnaces, ensuring efficient operation and minimizing upfront capital expenditure. The building retains its original architectural charm, offering a unique aesthetic appeal. While sold "as is," the seller demonstrates flexibility by being open to creative financing options, making this property accessible to a wider range of potential buyers. This is a rare chance to acquire a substantial commercial space in a thriving downtown area with significant upside potential. The property's size, location, and existing infrastructure make it an ideal candidate for renovation or adaptive reuse. Don't miss this opportunity to own a piece of Canton's vibrant commercial landscape.